7279 Vernor Drive, Mississauga

Price: $1,049,990

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13511708

Welcome to this beautifully maintained detached 4-level backsplit, offering a versatile layout with plenty of space for growing families, multi-generational living, or those who love to entertain. This bright and inviting home features spacious principal rooms, large windows that fill the home with natural light, and a functional floor plan designed for comfortable everyday living. The main level boasts an open and welcoming living and dining area, and well-appointed kitchen. The upper level features generously sized bedrooms and a full bathroom, The family room had previously been used as an additional bedroom. The lower levels provide additional living space, ideal for a family room, home office, recreation area, or guest suite, with excellent potential for an in-law setup. Step outside to enjoy a private backyard, perfect for summer barbecues, gardening, or relaxing with family and friends. Complete with a private driveway and attached garage, this home is conveniently located close to parks, schools, shopping, transit, and major highways. A fantastic opportunity to own a spacious home in a desirable family-friendly neighbourhood. Pride of ownership really shows in this home and has great curb appeal with it's manicured lawn and charming front porch.

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$1,049,990 - 7279 Vernor Drive, Mississauga

Detached for Sale in Mississauga

52 days on market

Neighbourhood: Malton

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13511708
Property Type
Detached
Status
active
Days on Site
52
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
INTERCITY REALTY INC.
Description

Welcome to this beautifully maintained detached 4-level backsplit, offering a versatile layout with plenty of space for growing families, multi-generational living, or those who love to entertain. This bright and inviting home features spacious principal rooms, large windows that fill the home with natural light, and a functional floor plan designed for comfortable everyday living. The main level boasts an open and welcoming living and dining area, and well-appointed kitchen. The upper level features generously sized bedrooms and a full bathroom, The family room had previously been used as an additional bedroom. The lower levels provide additional living space, ideal for a family room, home office, recreation area, or guest suite, with excellent potential for an in-law setup. Step outside to enjoy a private backyard, perfect for summer barbecues, gardening, or relaxing with family and friends. Complete with a private driveway and attached garage, this home is conveniently located close to parks, schools, shopping, transit, and major highways. A fantastic opportunity to own a spacious home in a desirable family-friendly neighbourhood. Pride of ownership really shows in this home and has great curb appeal with it's manicured lawn and charming front porch.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,644.46/mo

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5%20%50%

5-yr fixed avg.

Principal: $839,992Interest: $553,346
Mortgage Amount$839,992
Total Interest$553,346
Est. Property Tax$744/mo
Total Cost$1,393,338

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Malton

Discover Malton

Malton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Malton

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Malton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

7279 Vernor Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$744
Insurance (est.)-$219
Net Cash Flow+$1,837

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $955/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 52 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About Malton

I know Malton well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    7279 Vernor Drive, Mississauga | $1,049,990 | Battaglia Team